Group expects double-digit renewables growth in 2020 after achieving revenue and profit rises in 2019, under the tenure of executive forced out by board this month.
Solar to continue rapid rise over this decade but lack of foresight with grid planning could mix with ultra-low prices and waste management troubles to set obstacles in the short and long term.
New York State has offered employees of Panasonic working at Tesla’s Gigafactory 2 plant in Buffalo assistance in finding new jobs as the Japanese electronics giant is expected to shut down solar panel operations at the facility.
Federal energy regulator accused of ‘overreach’ after maintaining provision that may force solar, storage and others to offer minimum prices when competing at state’s capacity market.
Major PV inverter manufacturer, SolarEdge Technologies has reported a second consecutive year of over 50% revenue growth as quarterly and annual sales continued to break company records.
Plans for sizeable layoffs by 2022 will mostly affect administrative and non-operational staff in Germany, says poly player of new roadmap launched after €55m losses last year.
‘Solar Module Super League’ (SMSL) member First Solar has forecasted net sales for 2020 to be in the range of US$2.7 billion to US$2.9 billion, compared to reporting 2019 sales of US$3,063 billion.
Tampa Electric, one of Florida’s largest investor-owned electric utilities, has launched a significant expansion of solar power that will see the company invest approximately US$800 million to add another 600MW of solar power by the end of 2023.
